Gold Editorials & Commentary

September has been a poor month for precious metals. Gold is down 5.2%, despite it being gold’s strongest month from a seasonal perspective. The price fall means that gold is heading for the first quarterly loss this year.

The dollar index rallied to a multi-year high today, but was quickly turned back lower. The USD index is the most overbought it has been in years. The dollar has followed a very predictable pattern during every previous move to such extreme overbought levels (RSI 70...

During the financial crisis in September 2008, the gold price rose $50 in one day, September 18, as investors sought refuge in the one asset that they perceived to be a safe-haven of high liquidity and high credit quality. This one day move in September 2008 was...

This week saw gold rally $15 to $1233 on Tuesday before sliding to $1207 yesterday morning, then rallying in the afternoon. Silver's moves tracked gold's, bottoming out at $17.30 yesterday at the London opening. This morning precious metals are firmer in pre-LBMA...

It is widely believed that silver outperforms gold during bull markets for these metals, but that's only partially true. It's true that silver tends to achieve a greater percentage gain than gold from bull-market start to bull-market end. It's also the case that...

Today some witless Pollyannas will say the title of this article is inappropriate. Unfortunately, these hapless souls suffer from excessive greed, rampant euphoria and hyper-complacency. Furthermore, they are ignorant of stock market history…and its immutable cycles...

Some of you may remember those gold ingot vending machines that started to pop up at airports and other places several years ago, which were of course a sign of a top. If they are still there they have probably been reconfigured to dispense cans of coke and candy,...

The values of gold and silver would be substantially higher if it wasn’t for the massive derivatives market. Americans have no idea that the Derivatives Monster destroyed the ability for the market to properly value physical assets, commodities and the precious...

In my opinion, the gold market is too large to be manipulated to any serious extent. While there are many allegations of manipulation, no one has ever shown that there is manipulation that has made any lasting impact on the price of gold. By “shown”, I mean...

GOLD BUYING is boosted more by rising GDP and stronger consumer incomes than by financial crisis, according to a new study from a world-renowned economics professor.

India has been the world's No.1 gold buyer for thousands of years. But traditions are changing...

I am often asked the above question several times each day. It looks like a triple bottom is shaping up in the near future. Gold is getting close to its cost of production. The gold/silver ratio is going higher indicating that silver is the better value of the...

The fundamentals that drive gold prices higher are in full force and improving. Central banks are buying more of the precious metal (to add to their reserves), while countries that are known to be big consumers of gold bullion post increased demand.

Today's financial markets are built on the sand of unsound currencies. Consequently brokers, banks and investors are wedded to monetary inflation and have lost both the desire and ability to understand gold and properly value it.

As we near the end of the 3rd Q for 2014, time is running out for all the 2014 enthusiasts that are calling for higher prices by year-end. The lessons learned from 2013 have been forgotten as not only are not prices beginning to move higher, they are making new...

Some folks have been watching the dollar rising sharply in disbelief during the past few weeks, which is not friendly to the metals. Our proprietary trading model has been favoring the dollar over the metals since 2012 and until this long term trend reverses, we...

China vv US Stocks, Gold, Silver, GDX vs Gold & GDXJ vs Gold Analysis via Videos.

Since early 2013 the US stock markets have done nothing but rally, levitating thanks to the Fed’s oft-implied backstop. This incredibly unnatural behavior has left sentiment dangerously unbalanced, with hyper-complacency and euphoria running rampant. Only a major...

Jim Sinclair says to buy “fish lines” and sell “rhino horns.” Stated another way – buy value when the price has plunged and sell when prices have gone parabolic.

After the original drop in gold price from the top of $1,920 per ounce in 2011 to $1,180 per ounce in 2013, gold has started a sideways consolidation triangle pattern. Is this a correction, or is it just a pause within a move that will retrace the whole move since...

The current decline in precious metals will not be complete until it passes through all three phases of a bear market. This is the conclusion I have mapped out in previous essays. The PM bear market began in 2011 and declined steadily until the Goldman raid of April...

Oodles of readers want my head for turning temporarily bearish on gold again. They say I flip-flop too much. They say I don’t know whether I’m coming or going. They think I’ve always been dead wrong on gold.

As an addendum to Dan Popescu’s article on the state of gold sentiment, we want to show an update of the indicators we follow. Coincidendally, Mark Hulbert has also just published an update on his HGNSI measure (Hulbert Gold Newsletter Sentiment Index). The Index...

How long and how many times can people be fooled? Remember George Bush’s famous blundered quote, “Fool me once shame on…. well you know you can only fool me once.” Wrong, the populace can be fooled and robbed over and over again as they invest in a fake stock...

Gold stayed under pressure this month. And the third quarter is shaping up to be a negative one. So what’s going on? This past month, we’ve seen the U.S. economy improve, which has kept investors running to the stock market.

How much gold is really out there? This is a good question and rather than debate whether the "official" statistics are correct or not I will assume they are. I will make this assumption because even if they are true (which they are not), the financial ship is...

If the Fed holds its course this autumn then a day of reckoning is coming both for stocks and bonds. For stocks basically the money will run out, the QE lifeline is cut. For bonds higher interest rates are toxic. In such circumstances can the precious metals really...

Both gold and silver have had an uncharacteristic and bad month. Gold and silver usually shine in the month of September. Not the case this year. Quite the opposite really!

The European Central Bank again cut the interest rates it controls. Notably, the deposit rate was moved deeper into negative territory. It is now -0.2% (minus 20 basis points, that is not a typo). The ECB says it’s trying to nudge prices higher, but it’s actually...

The last time gold sparkled was in the summer of 2011 when an all-time record of $1900/oz was achieved. Alas since then it has been a torturous journey as gold prices has trekked south arriving at today’s price of $1216/oz, registering a loss of 36%. However, for...